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Home>Mutual Funds>Axis Mutual Fund>Axis Strategic Bond Fund Direct IDCW Half Yearly

Axis Strategic Bond Fund Direct IDCW Half Yearly

Hybrid
Conservative Hybrid
Moderately High Risk
Payout
8.96%
3Y annualised
+0.26% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 05 Jul 2022₹11.66
Min. SIP amount₹1,000
Rating4
Fund size₹1,744.99Cr

Returns and rankings

Category: Hybrid Conservative Hybrid
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.7%9.0%7.1%8.9%
Category average14.2%7.4%7.4%NA
Rank with in category22710NA
Understand terms

Holdings (81)

NameSectorInstrumentAssets
GOI
SovereignGOI FRB7.8%
Small Industries Devp. Bank of India Ltd.
FinancialCP5.4%
Tata Capital Housing Finance Ltd.
FinancialDebenture4.0%
GOI
SovereignGOI Sec3.3%
GOI
SovereignCGL2.4%
GOI
SovereignCGL2.3%
GOI
SovereignGOI Sec2.3%
REC Ltd.FinancialNCD2.3%
National Bank For Agriculture & Rural DevelopmentFinancialNCD2.2%
India Grid Trust
Capital GoodsNCD2.2%
See All

Pros and cons

Category: Hybrid Conservative Hybrid

Pros

Cons

3Y annualised returns higher than category average by 1.56%
Lower AUM: 439Cr. Funds with lower AUM tend to have higher expense ratio
Higher alpha: 2.87 The fund has generated returns higher than benchmark - NIFTY 50 Hybrid Composite Debt 15:85 - in the last 3Y
1Y and 5Y annualised returns lower than category average
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher expense ratio: 0.78%

Expense ratio, exit load and tax

Expense ratio: 0.39%

Inclusive of GST

Exit load

Exit load of 1% will be charged on investment in excess of 10% if redeemed within 12 months.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹100
Min. for SIP₹1,000

Fund management

Devang Shah
Jun 2016 - Present
View details

Education
Mr. Shah is B.Com and ACA.
Experience
Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Also manages these schemes

Ashish Naik
Jun 2016 - Present
View details

Education
Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience
Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Also manages these schemes

Sachin Jain
Sep 2020 - Present
View details

Education
Mr. Jain is a B.Tech, AGMP (Management)
Experience
Prior to joining Axis Asset Management Company Ltd., he has worked with Sundaram Mutual Fund, I- Cap, Sunidhi securities and Finance Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
Amc Image
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in Axis Strategic Bond Fund Direct IDCW Half Yearly?

You can easily invest in Axis Strategic Bond Fund Direct IDCW Half Yearly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Axis Strategic Bond Fund Direct IDCW Half Yearly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Axis Strategic Bond Fund Direct IDCW Half Yearly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Strategic Bond Fund Direct IDCW Half Yearly provide?

The Axis Strategic Bond Fund Direct IDCW Half Yearly has been there from 24 Jun 2015 and the average annual returns provided by this fund is 2.67% since its inception.

How much expense ratio is charged by Axis Strategic Bond Fund Direct IDCW Half Yearly?

The term Expense Ratio used for Axis Strategic Bond Fund Direct IDCW Half Yearly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Axis Strategic Bond Fund Direct IDCW Half Yearly is 0.39% as of 06 Jul 2022...

What is the AUM of Axis Strategic Bond Fund Direct IDCW Half Yearly?

The AUM, short for Assets Under Management of Axis Strategic Bond Fund Direct IDCW Half Yearly is ₹1,744.99Cr as of 06 Jul 2022.

How to Redeem Axis Strategic Bond Fund Direct IDCW Half Yearly?

If you want to sell your Axis Strategic Bond Fund Direct IDCW Half Yearly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Strategic Bond Fund Direct IDCW Half Yearly?

You can select either SIP or Lumpsum investment of Axis Strategic Bond Fund Direct IDCW Half Yearly based on your investment objective and risk tolerance.

What is the NAV of Axis Strategic Bond Fund Direct IDCW Half Yearly?

The NAV of Axis Strategic Bond Fund Direct IDCW Half Yearly is ₹11.66 as of 05 Jul 2022.

What is the PE and PB ratio of Axis Strategic Bond Fund Direct IDCW Half Yearly?

The PE ratio ratio of Axis Strategic Bond Fund Direct IDCW Half Yearly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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